Common use of Consultations and Amendments Clause in Contracts

Consultations and Amendments. 1. If any difficulties in the implementation or interpretation of this Agreement arise, a Competent Authority may request consultations with one or more of the Competent Authorities to develop appropriate measures to ensure that this Agreement is fulfilled. The Competent Authority that requested the consultations shall ensure, as appropriate, that the Co-ordinating Body Secretariat is notified of any measures that were developed and the Co-ordinating Body Secretariat will notify all Competent Authorities, even those that did not participate in the consultations, of any measures that were developed. 2. This Agreement may be amended by consensus by written agreement of all of the Competent Authorities that have the Agreement in effect. Unless otherwise agreed upon, such an amendment is effective on the first day of the month following the expiration of a period of one month after the date of the last signature of such written agreement.

Appears in 25 contracts

Samples: Multilateral Competent Authority Agreement, Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information, Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information

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Consultations and Amendments. 1. If any difficulties in the implementation or interpretation of this Agreement arise, a Competent Authority may request consultations consul- tations with one or more of the Competent Authorities to develop appropriate measures to ensure that this Agreement is fulfilled. The Competent Authority that requested the consultations shall ensure, as appropriate, that the Co-ordinating Body Secretariat is notified of any measures that were developed and the Co-ordinating Body Secretariat Secre- tariat will notify all Competent Authorities, even those that did not participate in the consultations, of any measures that were developed. 2. This Agreement may be amended by consensus by written agreement of all of the Competent Authorities that have the Agreement in effect. Unless otherwise agreed upon, such an amendment is effective on the first day of the month following the expiration of a period of one month after the date of the last signature of such written agreement.

Appears in 1 contract

Samples: Agreement

Consultations and Amendments. 1. If any difficulties in the implementation or interpretation of this Agreement arise, a Competent Authority may request consultations with one or more of the Competent Authorities to develop appropriate measures to ensure that this Agreement is fulfilled. The Competent Authority that requested the consultations shall ensure, as appropriate, ensure that the Co-ordinating Body Secretariat is notified of any appropriate measures that were developed and the Co-ordinating Body Secretariat will notify all Competent Authorities, even those that did not participate in the consultations, of any measures that were developed. 2. This Agreement may be amended by consensus by written agreement of all of the Competent Authorities that have the Agreement in effectAuthorities. Unless otherwise agreed upon, such an amendment is effective on the first day of the month following the expiration of a period of one month after the date of the last signature of such written agreement.

Appears in 1 contract

Samples: Multilateral Competent Authority Agreement

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Consultations and Amendments. 1. If any difficulties in the implementation or interpretation of this Agreement arise, a Competent Authority may request consultations with one or more of the Competent Authorities to develop appropriate measures to ensure that this Agreement is fulfilled. The Competent Authority that requested the consultations shall ensure, as appropriate, that the Co-ordinating Body Secretariat is notified of any measures that were developed and the Co-ordinating Body Secretariat will notify all Competent Authorities, even those that did not participate in the consultations, of any measures that were developed. 2. This Agreement may be amended by consensus by written agreement of all of the Competent Authorities that have the Agreement in effect. Unless otherwise agreed uponupon or specified by a Competent Authority in a notification to the Co-ordinating Body Secretariat, such an amendment is effective on the first day of the month following the expiration of a period of one month after the date of the last signature of such written agreement.

Appears in 1 contract

Samples: Multilateral Competent Authority Agreement

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